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tax-exempt
[ taks-ig-zempt ]
/ ËtĂŠks ÉȘgËzÉmpt /
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This shows grade level based on the word's complexity.
adjective
not subject or liable to taxation: tax-exempt imports.
providing income that is not taxable: tax-exempt municipal bonds.
noun
a tax-exempt security.
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Origin of tax-exempt
First recorded in 1920â25
Words nearby tax-exempt
tax-deferred, tax-deferred annuity, tax disc, taxeme, tax evasion, tax-exempt, tax exile, tax expenditure, taxflation, tax-free, taxgatherer
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use tax-exempt in a sentence
British Dictionary definitions for tax-exempt
tax-exempt
adjective
(of an income or property) exempt from taxation
(of an asset) earning income that is not subject to taxation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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